9821 S Cicero Ave UNIT 8Oak LawnIL60453
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Oak Lawn at 9821 S Cicero Ave UNIT 8, Oak Lawn, IL, 60453 uses $59,339 cash to close to unlock $2,202/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,425/mo, and a $876/mo payment keeps the spread at $184/mo. Purchase price stands at $179,000, and rental yield measures 9.55% with $1,425/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 123.75% and total cumulative return in cash records $73,431. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,425/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1971
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60453, Oak Lawn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,136 (100%) |
| Owner Occupied HU | 17,786 (76.9%) |
| Renter Occupied HU | 4,209 (18.2%) |
| Vacant Housing Units | 1,141 ( 4.9%) |
| Median Home Value | $290,812 |
| Average Home Value | $300,700 |
Housing Distribution
Address Breakdown
Residential
23,037
Single Family
15,931
Multi-Family
7,106
Businesses
1,260
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